Publication

India meets Britain Tracker 2021

22 Apr 20211 min read
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The eighth edition of the Grant Thornton India meets Britain Tracker, developed in collaboration with the Confederation of Indian Industry, identifies the top fastest-growing Indian companies in the UK as measured by percentage revenue growth year-on-year.
Contents

Despite Brexit and COVID-19 challenges, the contribution Indian companies make to the UK economy increased on almost every measure in our most recent research. As they emerge from the pandemic, both countries are focussed on forging an even deeper partnership, both bilaterally and on the global stage. Research findings demonstrate strength of the UK-India bond.

Key highlights of the publication

  • 49 companies met the qualifying criteria, achieving an average growth rate of over 40%. Of these companies, 38 are new.
  • Five companies achieved annual turnover growth in excess of 100% - Birlasoft Solutions Ltd (158%), Reliance JIO Infocomm UK Ltd (138%), Life Molecular Imaging Ltd (114%), Tillomed Laboratories Ltd (113%) and Chloride Eastern Ltd (103%)
  • 850 Indian companies operating in the UK were identified, with combined revenues of £50.8 billion
  • Together, they employed 116,046 people and paid £459.2 million in corporation tax
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